Quorum Federal Credit Union · Nevada · 2025

Quorum Federal Credit Union in Nevada: approval rate, denial rate and rates (2025)

Quorum Federal Credit Union took 250 mortgage applications in Nevada in 2025, ranking #91 of 627 lenders active in the state. It originated 44.4% of them and denied 38.0% (40.8% of the applications it decided), against a statewide denial rate of 17.5%.

250Applicationsin NV
40.8%Decision denial ratestate 22.2%
8.63%Median ratestate 6.63%
$95,000Median loanstate $305,000
$16MVolume8 counties

Quorum Federal Credit Union in Nevada vs the state

38.0%Denial rate+20.55 pts vs state
40.8%Decision denial rate+18.55 pts vs state
44.4%Origination rate-13.31 pts vs state
8.63%Median rate+2.00 pts vs state
1.50Rate spread (pts)+1.21 pts vs state
$134kMedian applicant income
111Loans originated
95Denied

Trend in Nevada

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023321053.1%10.63%#229
20241677830.5%9.75%#110
202525011138.0%8.63%#91

What Quorum Federal Credit Union lends in Nevada

By loan purpose

Home purchase 10 4% · 30.0% denied
Refinance 23 9% · 43.5% denied
Cash-out refinance 214 86% · 36.9% denied
Home improvement 3 1% · 100.0% denied

By loan type

Conventional 250 100% · 38.0% denied

Why it denied Nevada applicants

Debt-to-income ratio 54 57%
Incomplete application 20 21%
Collateral 10 11%
Credit history 9 9%
Other 2 2%

Where in Nevada

Counties with the most Quorum Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1305254 41.5%
Washoe County 924731 33.7%
Douglas County 1061 10.0%
Nye County 621 16.7%
Lyon County 523 60.0%
Carson City 312 66.7%
Storey County 202 100.0%
Elko County 110 0.0%

Other large lenders in Nevada

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 6,91311.4%6.31%
Rocket MortgageC 6,88915.4%6.88%
Guild MortgageA 5,5332.6%6.50%
AMERICA FIRST Federal Credit UnionC 3,87328.6%7.24%
U.S. BankD 3,74540.2%7.65%
Bank of AmericaF 3,29635.9%6.24%
Pennymac Loan ServicesC 3,18812.5%6.62%
Navy Federal Credit UnionD 2,57924.5%7.75%
Broker SolutionsD 2,5598.9%6.75%
Dhi Mortgage CompanyB 2,5496.8%4.99%

Frequently asked questions

Nevada: 250 applications in 2025, of which 111 were originated and 95 denied.

38.0% of all applications, or 40.8% of the applications it actually decided on. The Nevada statewide average across all lenders was 17.5%.

The median rate on loans Quorum Federal Credit Union originated in Nevada in 2025 was 8.63%, against a statewide median of 6.63%.

About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in Nevada, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology